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Sensex jumps 736.38 points to settle at 76,264.33, Nifty holds 23,850 after US, Iran deal | Markets
15
Jun
By The Press Editor
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Business

Sensex jumps 736.38 points to settle at 76,264.33, Nifty holds 23,850 after US, Iran deal | Markets

Mumbai: Benchmark indices Sensex and Nifty ended the trading session with significant gains amid strong buying across sectors on the US-Iran peace negotiations and confirmation of the reopening of the Strait of Hormuz.ย ย The 30-share BSE Sensex surged 736.38 points or 0.97 per cent at 76,236.38. During the day, it hit a high of 76,821.07 and a low of 76,140.44, gyrating 680.63 points. The 50-share NSE Nifty jumped 231 points or 0.98 per cent to settle at 23,853.9. Broader markets overperformed, with the BSE Midcap Select Index climbing 288.15 points or 1.66 per cent and the BSE Smallcap Select Index declining…
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FMCG stock in focus as promoters purchase 4.50 lakh shares via open market, check details | Markets
15
Jun
By The Press Editor
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Business

FMCG stock in focus as promoters purchase 4.50 lakh shares via open market, check details | Markets

Mumbai: Shares of GRM Overseas Ltd, a small cap company with a market cap of Rs 1,859.71 crore, are in focus as the company has shared important details about the acquisition of shares. The company stated that individuals associated with its promoter group have acquired shares in the company. The acquisition primarily involves Atul Garg, along with Mamta Garg, Hukam Chand Garg, and Nipun Jain, who are shown as 'Persons Acting in Concert' (PAC). Atul Garg, Mamta Garg, and Hukam Chand Garg are part of the company's promoter/promoter group, while Nipun Jain is a director in the company. The promoter…
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Wholesale price index inflation sharply rises to 9.68% in May, largely driven by higher prices of fuel | Business
15
Jun
By The Press Editor
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Business

Wholesale price index inflation sharply rises to 9.68% in May, largely driven by higher prices of fuel | Business

New Delhi: Wholesale price inflation surged to 9.68 per cent in May, up from 8.26 per cent in April, led by a sharp spike in fuel and power, manufactured, and food prices. The Commerce and Industry Ministry on Monday released the Wholesale Price Index (WPI)-based inflation data, revising the base year to 2022-23, from 2011-12 earlier.ย Wholesale price index (WPI)-based inflation in fuel and power climbed to 30.33 per cent in May as against 24.89 per cent in April. In crude petroleum, inflation was 61.51 per cent in May, as against 56.31 per cent in the previous month. How much did…
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Market Opening Bell: Sensex surges 1,200 points, Nifty reclaims 24,000 as crude oil prices drop on US-Iran deal | Markets
15
Jun
By The Press Editor
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Business

Market Opening Bell: Sensex surges 1,200 points, Nifty reclaims 24,000 as crude oil prices drop on US-Iran deal | Markets

Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened with a gap-up on June 15, 2026, as the US-Iran peace deal boosted global risk appetite and pushed Brent crude prices below USD 84 in early trade. While the 30-share BSE Sensex surged 1,197.32 points or 1.58 per cent to start the session at 76,725.27, the Nifty gained 361.95 points to open at 23,984.85. In the last trading session, the Sensex closed at 775,527.95 and the Nifty 50 at 23,622.90.ย ย Later, Nifty briefly reclaimed the 24,000 level. Similarly, the broader indices traded in the green in the opening session. While the…
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Pharma stock under Rs 50 to be in focus as company approves allotment of 90,00,000 equity shares: Details | Markets
15
Jun
By The Press Editor
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Business

Pharma stock under Rs 50 to be in focus as company approves allotment of 90,00,000 equity shares: Details | Markets

Mumbai: Shares of speciality chemicals company Sudarshan Pharma Industries Limited will be in focus during today's trading session, i.e. on June 15, 2026, as the company has announced a fresh expansion of its equity base. According to the information shared with exchanges, the company's warrants committee has approved the allotment of 90,00,000 equity shares to prominent individuals within the company's promoter category. These equity shares with a face value of Re 1 each have been cleared at an issue price of Rs 16.983 per share. This includes a premium of 15.983 per share. This transaction is the direct result of…
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Tata Motors in Bengal again? Why the company pulled out of Singur and why the issue is back in focus | Business
12
Jun
By The Press Editor
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Business

Tata Motors in Bengal again? Why the company pulled out of Singur and why the issue is back in focus | Business

New Delhi: With the change of power, West Bengal is experiencing a tectonic shift in its political and administrative landscape. With the end of the 15-year rule of Trinamool Congress, a wave of rapid changes has gripped the state. Amid this, West Bengal Chief Minister Suvendu Adhikari said the Bharatiya Janata Party (BJP) government would bring the Tata Group back in the state. The Chief Minister also accused the previous Left and Trinamool Congress regimes of either forcibly acquiring land or merely indulging in "photo sessions" in the name of industrialisation. Promising to revive West Bengal's industrial fortunes, Adhikari said…
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700% return in 5 years: Logistics stock under Rs 50 ends session in green post this update, details here | Markets
12
Jun
By The Press Editor
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Business

700% return in 5 years: Logistics stock under Rs 50 ends session in green post this update, details here | Markets

Mumbai: Shares of logistics solution provider Sindhu Trade Links ended the session in green today, i.e. on June 12, 2026. The stock has gained after two days of consecutive fall after the company shared details about its upcoming Extraordinary General Meeting (EGM). The company had issued the EGM notice on May 25, 2026, but a corrigendum has now been issued. According to the company, this amendment has been issued to inform shareholders of the changes made to the special resolution contained in the EGM notice. The company stated that a detailed corrigendum and revised EGM notice have been issued to…
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Retail inflation based on CPI accelerates to 3.93% in May amid high food, fuel prices | Business
12
Jun
By The Press Editor
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Business

Retail inflation based on CPI accelerates to 3.93% in May amid high food, fuel prices | Business

New Delhi: Retail inflation accelerated in May to 3.93 per cent compared to 3.48 per cent in the preceding month due to higher food prices. According to official data released on Friday, consumer Price Index-based inflation in the food basket was 4.78 per cent in May, higher than 4.2 per cent in April. Precious metal jewellery, tomato, ginger, raisin (kishmish), and monacca were the five items with the highest inflation. On the other hand, potato, peas, motor car and jeep, cumin (jeera) and 'motor cycle and scooter' were the top five items with low inflation at the All India combined…
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